Lucky tips for St. Patrick’s Day

St. Patrick’s Day is today! With more opportunities to enjoy the holiday we hope you enjoy festivities this year safely and responsibly.

Looking for inspiration on what to do today? Well, you’re in luck! See what you can do to celebrate the holiday while also supporting local business:

Chamber applauds City support of treaty process

The Chamber supports actions required for reconciliation, and we applaud the City of Victoria‘s commitment to helping the Songhees Nation reacquire urban land as part of Treaty negotiations.
 
“It is a truly historic day, and we look forward to continuing our respectful and valuable relationship to benefit all families who live in Victoria and the surrounding area,” Songhees Nation Chief Ron Sam said in a statement.
 
Indigenous enterprises are vital to the long-term economic resilience of our region, and The Chamber is working to better include First Nations in the business community. The city has sent the provincial government a letter stating it approves the transfer of three properties to the Songhees. The lands will fall under the jurisdiction of the Nation and no longer be considered part of the municipality.
 
The properties are:

  • 1112 Wharf Street
  • 430 Menzies Street, and
  • 613/615 Pandora Avenue.

Jobless rate up; more workers returning to office

​Greater Victoria’s unemployment rate was 4.2% in February, up from 3.9% in January, according to the latest numbers from Statistics Canada.
 
The February Labour Force Survey also shows that more jobs were returning to the office, with 37.2% of people working most of their hours from home. That’s down 5.8% from January. Statistics Canada attributed the decline to easing of public health restrictions and an uptake in jobs difficult to do from home such as in accommodation, food services and retail.
 
“As employers implement return-to-office plans, a number of factors might influence their ability to attract and retain employees,” the survey said, noting tightening labour market, workers’ concerns about affordability, and a “desire to retain the flexibility and quality of employment associated with working from home.”

Funding improves foreign-credential recognition

​The federal government is funding 11 projects aimed at improving how foreign credentials are recognized. The announcement, made March 9, provides $26.5 million to help new Canadians integrate their skills faster into Canada’s economy.
 
“Attracting and retaining skilled workers through immigration is essential to our economic recovery and helping businesses succeed,” federal Minister of Immigration, Refugees and Citizenship Canada, Sean Fraser said in the news release. “It is vital that we accelerate the process for skilled workers to address our labour shortage, and build a prosperous future.”

Minimum wage rising to $15.65/hour on June 1

​On June 1, the minimum wage in BC will increase to $15.65 per hour based on a 2.8% rate of inflation in 2021. It will be the first increase tied to inflation, as announced in last month’s BC Budget.
 
“I spoke to Finance Minister Robinson about this after the provincial budget was unveiled and made sure she understood that our members were concerned about how the government was going to tie an increase to inflation. Businesses need to be able to plan their costs,” Chamber CEO Bruce Williams said in a statement to media. “An increase of 2.8% is reasonable, given the uncertainty over the fluctuation in inflation caused by global events and supply chain issues connected to the pandemic.
 
“However, this represents one more cost for businesses already operating with tight margins. Raising wages contributes to rising prices, and we can’t take economic recovery for granted. Government has other options for making life more affordable, such as improving conditions for the construction of more homes to meet the demand of all the people who want to move to our region. It’s clear that without adequate housing supply, costs will continue to increase and make it even harder for people earning minimum wage to live in our province.”

Colwood reclaims Flower Power!

​The proof is in the counting – we are the best bloomin’ place to live – and there are nearly 28 billion reasons why. The 47th edition of the Greater Victoria Flower Count ended today with 27,875,292,158 blooms counted across the region.
 
The winner of “Bloomingest” community this year is Colwood, with a total of 9.64 billion blossoms counted. The runner-up community this year, with clear petal power, is Saanich with nearly 9.3 billion blossoms counted.
 
And the kids really got into counting this year, no surprise there when the students in the winning class get an individual pass to the Malahat SkyWalk. For the first year ever, Prospect Lake Elementary blossomed into the top position with 2.51 billion blooms counted by Ms. Close’s students. Winners of the photo contest draw will be notified by end of day Thursday.

Thank you to everyone who wandered into a garden, park or down a picturesque street and enjoyed counting those lovely spring blooms.

Inflation rate now 5.6%: Statistics Canada

​Canada’s Consumer Price Index climbed to 5.6% February, according to the latest figures released today by Statistics Canada. This follows on the heels of a 5.1% increase in January. Prior to 2022, the largest gain was 30 years ago at over 6%.
 
Inflation has been rising for months due to challenges with global supply chains. Last month’s invasion of Ukraine has amplified concerns over the supply of fuel and resources in many parts of the world. Inflation is higher than it has been in Canada since 1991 with food, shelter and transportation at the forefront of the increases.
 
However, experts say Canada’s economy remains solid and will be able to weather the storm. There is speculation that the Bank of Canada will raise its interest rates by half a point in April to cool demand. The last increase was in March raising it a quarter point to .5%.
 
“Despite rising inflation and intensifying geopolitical risks, domestic economic data is expected to look firm,” states a report issued by RBC Economics.

Province planning to reform commercial liens law

The provincial government says new legislation will make it easier for people to understand liens and protect property rights.
 
“Liens commonly give people the right to keep another person’s property to secure payment for services that improve the property’s value,” the province said in a news release.
 
The proposed Commercial Liens Act will apply to the following services:

  • providing labour or materials for the purposes of restoring, improving or maintaining the condition or properties of goods
  • storing goods
  • transporting, carrying or towing goods
  • salvaging goods.

 
The change will unify rules for repair, storage and transportation liens, which have caused confusion in the past, the province said.

BC lists vaccine rules for healthcare professionals

The Office of the Provincial Health Officer has taken the first step to better understand the vaccination status of BC’s healthcare professionals.
 
On Monday, the PHO ordered professional health colleges to provide personal information, if requested, to help determine the immunization status of registrants.
 
PHO Dr. Bonnie Henry and BC Minister of Health Adrian Dix have scheduled a COVID-19 Update for Thursday, at 12:30 pm. The press conference is expected to address nation-wide calls for lifting remaining restrictions .

BC Housing hotel purchases were fair value, AG says

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In the early days of the pandemic, BC Housing made a number of purchases of hotels and other properties to house people experiencing homelessness. The deals cost taxpayers a total of $221 million, raising questions from people concerned about the expense.

Those questions were answered this week by the Office of Auditor General of BC, which released its audit of the purchases.

“BC Housing met all relevant approvals and policy requirements for the purchases of nine properties in Vancouver and Victoria in 2020 and 2021,” the report concludes.

“BC Housing obtained market value appraisals for all nine properties as required by internal policies and procedures. The total of the purchases ($202.4 million) was 8.5% below the total appraised market values ($220 million) for the nine properties.”

Within Victoria, properties purchased by BC Housing include the former Comfort Inn at 3020 Blanshard St., Paul’s Motor Inn at 1900 Douglas St., Capital City Centre at 1961 Douglas St. and a housing project at 225 Russell St.